Established on 25 July 2012, IGB REIT is a Malaysia-domiciled real estate investment trust. Listed on the Main Market of Bursa Malaysia Securities Berhad on 21 September 2012, it owns income producing real estate that is used for retail purposes. Comprising two malls Mid Valley Megamall (MVM) and The Gardens Mall (TGM) located in the Klang Valley, IGB REIT's portfolio has a total net lettable area (NLA) of approximately 2.70 million square feet (sf), and as at 31 December 2022, had a market capitalisation of RM5.92 billion. Its investment properties are independently valued at RM5.02 billion. IGB Berhad is the major unitholder of IGB REIT with a shareholding of 48.332% as at 31 December 2022.
IGB Real Estate Investment Trust Dividend Announcement
• IGB Real Estate Investment Trust announced a quarterly dividend of RM0.03 per ordinary share which will be made payable on . Ex dividend date: 2024-11-11
• IGB Real Estate Investment Trust annual dividend for 2024 was RM0.11
• IGB Real Estate Investment Trust annual dividend for 2023 was RM0.10
• IGB Real Estate Investment Trust's trailing twelve-month (TTM) dividend yield is 5.34%
• IGB Real Estate Investment Trust's payout ratio for the trailing twelve months (TTM) is 111.38%
• IGB Real Estate Investment Trust's dividend growth over the last five years (2018-2023) was -2.83% year
• IGB Real Estate Investment Trust's dividend growth over the last ten years (2013-2023) was 6.88% year
IGB Real Estate Investment Trust Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-11 | RM0.03 | quarterly | |
2024-08-07 | RM0.03 | quarterly | |
2024-04-30 | RM0.03 | quarterly | |
2024-02-15 | RM0.03 | quarterly | |
2023-10-26 | RM0.03 | quarterly | |
2023-08-08 | RM0.02 | quarterly | |
2023-05-12 | RM0.03 | quarterly | |
2023-02-07 | RM0.02 | quarterly | |
2022-11-16 | RM0.02 | quarterly | |
2022-08-09 | RM0.02 | quarterly | |
2022-05-13 | RM0.03 | quarterly | |
2022-02-11 | RM0.02 | quarterly | |
2021-11-09 | RM0.01 | quarterly | |
2021-08-06 | RM0.01 | quarterly | |
2021-05-10 | RM0.01 | quarterly | |
2021-02-09 | RM0.02 | quarterly | |
2020-11-09 | RM0.02 | quarterly | |
2020-08-03 | RM0.01 | quarterly | |
2020-05-06 | RM0.02 | quarterly | |
2020-02-05 | RM0.02 | quarterly | |
2019-11-06 | RM0.02 | quarterly | |
2019-08-06 | RM0.02 | quarterly | |
2019-05-08 | RM0.02 | quarterly | |
2019-02-07 | RM0.02 | quarterly | |
2018-11-07 | RM0.02 | quarterly | |
2018-07-26 | RM0.02 | quarterly | |
2018-05-04 | RM0.02 | quarterly | |
2018-02-06 | RM0.05 | quarterly | |
2017-08-14 | RM0.04 | quarterly | |
2017-02-08 | RM0.00 | quarterly | |
2016-08-05 | RM0.00 | quarterly | |
2016-02-10 | RM0.00 | quarterly | |
2015-08-07 | RM0.00 | quarterly | |
2015-02-10 | RM0.00 | quarterly | |
2014-08-11 | RM0.00 | quarterly | |
2014-02-14 | RM0.00 | quarterly | |
2013-08-14 | RM0.03 | quarterly | |
2013-02-14 | RM0.02 | quarterly |
IGB Real Estate Investment Trust Dividend per year
IGB Real Estate Investment Trust Dividend growth
IGB Real Estate Investment Trust Dividend Yield
IGB Real Estate Investment Trust current trailing twelve-month (TTM) dividend yield is 5.34%. Interested in purchasing IGB Real Estate Investment Trust stock? Use our calculator to estimate your expected dividend yield:
IGB Real Estate Investment Trust Financial Ratios
IGB Real Estate Investment Trust Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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